The Australian Franc is moving in a downtrend on the weekly timeframe from the September 2017 high from 0.7780 to 0.6020, the pair's historical decline
This pivot level was broken and a false break, ascending last week and closing above to indicate a strong possibility for an upcoming bullish trend.
Harmonic pattern, which is alt bat, was formed with a correction of 113% Fibonacci retracement of the xa leg at these same levels, confirming the rise.
For the targets to be 0.6435 then the level of 0.6840
Trading range 0.6120-0.6020
Expected bullish trend